PNGS Gargi Fashion Jewellery Limited has announced a key leadership appointment, naming Ms. Hiranyamai Deshpande as the company's new Company Secretary and Compliance Officer. The appointment, effective February 09, 2026, was approved by the Board of Directors at their meeting held on the same date, following a recommendation from the Nomination and Remuneration Committee.

Appointment Details

The company has made this appointment in compliance with Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015. The formal intimation was communicated to BSE Limited on February 09, 2026.

Professional Background

Ms. Deshpande brings substantial expertise to her new role. She is an Associate Member of the Institute of Company Secretaries of India with membership number ACS-48576. Her educational qualifications include a Master of Laws (LLM) from Pune University, providing her with a strong legal foundation for corporate compliance matters.

Experience and Expertise

The newly appointed Company Secretary brings over 9+ years of experience in handling Company Secretarial compliances. Her extensive background in corporate governance and regulatory compliance positions her well to manage the company's statutory and regulatory obligations. Ms. Deshpande has been associated with PNGS Gargi Fashion Jewellery Limited since September 03, 2025, giving her familiarity with the company's operations and compliance requirements.

Regulatory Compliance

The appointment follows all necessary regulatory procedures and has been communicated to the stock exchange as required. The company has provided detailed information as mandated under SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. This appointment strengthens the company's corporate governance framework and ensures continued compliance with all applicable regulations and listing requirements.

PNGS Gargi Fashion Jewellery Limited has filed its quarterly statement of deviation/variation in fund utilization with BSE Limited for the quarter ended December 31, 2025. The submission, dated February 09, 2026, complies with Regulation 32 of SEBI (LODR) Regulations, 2015, and follows the SEBI master circular dated January 30, 2026.

Fund Raising Details

The company's statement covers two separate preferential equity issues conducted in recent financial years. The documentation provides comprehensive details about the fund utilization and monitoring processes.

Fund Utilization Objectives

For the August 26, 2024 preferential issue of Rs. 4,196.35 lakhs, the company has outlined specific objectives for fund deployment. The statement indicates that the Audit Committee has reviewed the utilization and provided its assessment.

The objects for the equity shares issued on preferential basis include:

• Expansion of Brand and SIS Stores
• PAN India Marketing Campaign
• Inventory Investment

Regulatory Compliance

The filing demonstrates the company's adherence to regulatory requirements under SEBI guidelines. Director Amit Yeshwant Modak (DIN: 00396631) has digitally signed both annexures, confirming the accuracy of the submitted information.

Company Information

PNGS Gargi Fashion Jewellery Limited operates under CIN L36100PN2009PLC133691 and has undergone name changes since its incorporation. The company's registered office is located at Plot No.8A, Sr No.37/1 and 37/2, Opposite Maruti Service Centre, Sinhgad Road, Wadgaon Khurd, Pune, Maharashtra, 411041. The submission confirms the company's commitment to maintaining transparency in fund utilization and regulatory compliance.